PhD candidate Lisa Halpern, Professor Susan Phillips and Associate Professor Nathan Grasse published an article titled “Non-Profit Long-Term Care in Ontario: How Financially Robust is the System?” in a special issue of Canadian Public Policy on Pensions, Retirement, Longevity, and Long-Term Care.
Guest Editors’ Introduction
“Several provinces rely on the non-profit sector to provide care. But how is that sector doing, and will it be able to resist the coming surge in demand and services? In the article titled ‘Non-Profit Long-Term Care in Ontario: How Financially Robust is the System?’ Lisa Halpern, Susan D. Phillips, and Nathan J. Grasse (2022) ask an important question and document interesting trends. They compile financial data from charitable tax returns (T3010) of 112 charitable LTC homes from 2004 to 2017. They complete these data with information on each LTC home from reports and websites. From this substantial work, they find that the revenue of non-profit LTC homes is relatively stable but hides increasing vulnerability resulting from a greater reliance on government funding and a declining role for philanthropy. Given the long-term fiscal outlook of the province, this makes non-profit LTC homes’ financial situation more fragile.”
Abstract
The disastrous effects of the 2019 pandemic have demonstrated the need for comprehensive reform of the policy, regulatory, and financing regimes of long-term care in Canada, including strengthening the non-profit component of the care system. In this article, we assess the implications of the evolution of Ontario’s long-term-care policy on non-profit providers. We analyze the revenue trends and financial health of charitable long-term-care homes (LTCHs) from 2004 to 2017. Although the general pattern is one of revenue stability for non-profit LTCHs, their financial robustness has become more constrained over time as a result of greater reliance on government funding and declining philanthropy.
Halpern, L., S.D. Phillips, and N.J. Grasse. 2022. “Non-Profit Long-Term Care in Ontario: How Financially Robust Is the System?” Canadian Public Policy/Analyse de politiques 48(S2):64–80. https://doi.org/10.3138/cpp.2022-032 Abstract, Google Scholar